#fuel-supply-crisis

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#energy-policy #middle-east-conflict #petrol-price-surge #panic-buying #strategic-reserves-release
Canada news
fromwww.theguardian.com
11 hours ago

Chris Bowen declares rush on jerry cans un-Australian' as he urges end to panic buying of petrol

Australia's fuel supply remains unaffected by Middle East conflict despite global oil price surge, though panic buying and potential price gouging are exacerbating price increases.
fromwww.theguardian.com
4 days ago

Australia to release nearly 20% of fuel stockpile as Bowen insists country nowhere near' running out

The energy minister, Chris Bowen, acknowledged fuel supplies could face further pressure but ruled out a cut to the fuel excise or rationing fuel purchasing. Bowen said he had cut fuel companies' minimum stock obligations to about 2.2bn litres of diesel and 700m litres of petrol respectively, freeing up about 500m and 300m respectively to be directed towards regional Australia.
Environment
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